White Collar

  • August 19, 2024

    4 Ex-Girardi Keese Attys Are Federal Targets, Agent Testifies

    At least four former attorneys with the defunct Girardi Keese law firm are under active investigation related to the federal government's California wire fraud case and have received letters informing them they are targets, an IRS criminal investigator disclosed Monday under cross-examination by Tom Girardi's attorney at his criminal trial.

  • August 19, 2024

    Hunter Biden Loses Bid To Duck Tax Case In Calif.

    Hunter Biden cannot escape his criminal tax case set to go to trial next month, a Los Angeles federal judge ruled Monday, saying Biden's latest motion comes too late.

  • August 19, 2024

    Mike Lynch, Clifford Chance Pro Among Missing After Yacht Sinks

    Former Autonomy CEO Michael Lynch and a Clifford Chance LLP partner who helped him beat federal fraud charges back in June are among those missing after their chartered luxury yacht sank during a storm off Sicily early Monday during a trip reportedly to celebrate Lynch's legal victory.

  • August 19, 2024

    Ex-Ohio Zoo CFO Gets Three Years For Role In $2.3M Theft

    A former chief financial officer for Ohio's Columbus Zoo and Aquarium was sentenced to three years in prison on Monday for his involvement in a scheme to steal $2.3 million from the zoo for concert tickets, golf memberships, travel and more, Ohio Attorney General Dave Yost announced.

  • August 19, 2024

    Deutsche Bank Moved Money For ISIS, Victims' Families Say

    Families of two journalists and an aid worker captured and killed by the Islamic State sued Deutsche Bank AG in New York federal court for allegedly facilitating the financing of the terrorist group, a case that comes on the 10th anniversary of the death of journalist James Foley.

  • August 19, 2024

    Disney, Miramax Can't Escape NY Weinstein Sex Assault Suit

    A New York state judge on Monday declined to dismiss an actress's claims against The Walt Disney Co., its subsidiary Miramax Film NY LLC and Creative Artists Agency LLC over an alleged sexual assault by disgraced film executive Harvey Weinstein.

  • August 19, 2024

    Feds Trim Sentencing Request For Atty In Email Fraud Case

    Massachusetts federal prosecutors have shaved 11 months off of a nine-year sentencing request for an Illinois attorney who was convicted of collecting proceeds from an email fraud scheme, after the First Circuit vacated three of the lawyer's six counts on venue grounds.

  • August 19, 2024

    Chinese Exile's Daughter Wants Ch. 11 Sanctions Overturned

    The daughter of bankrupt Chinese exile Miles Guo and her New Jersey-based attorney are asking the Second Circuit to overturn a bankruptcy judge's $83,370 discovery sanction, calling the discovery requests in question unclear and the sanction excessive.

  • August 19, 2024

    Crypto Owners Sue Binance Over Allegedly Lax Theft Controls

    Three cryptocurrency owners claimed Friday that Binance and founder Changpeng Zhao enabled hackers and thieves to use the exchange to launder millions of dollars stolen from their accounts, activity they say hasn't stopped after the company's blockbluster guilty plea. 

  • August 19, 2024

    Second Pharmacist To Avoid Meningitis Murder Trial

    A pharmacist charged with murder in a deadly fungal meningitis outbreak that killed dozens of people is expected to plead no contest to involuntary manslaughter charges this week, averting a Michigan trial that had been set for November.

  • August 19, 2024

    CFTC's Pham Wants More Credit For Firms In Wash Trade Deal

    The Commodity Futures Trading Commission on Monday ordered two Raizen units to pay $750,000 to settle charges they carried out illegal wash sales on sugar contracts worth more than $1 billion, but Commissioner Caroline Pham said the companies should have gotten more credit for self-reporting and remediating.

  • August 19, 2024

    Fair Use Dooms Santos Suit Over Jimmy Kimmel's Prank Videos

    A New York federal judge said Monday that the fair use exception to copyright law is fatal to former U.S. Rep. George Santos' suit against ABC and Jimmy Kimmel over video clips that the late-night TV show host tricked the ex-congressman into making.

  • August 19, 2024

    Prisoner Gets 20 Years For Serial Threats To Federal Judges

    A man who sent letters from prison expressing a desire to kill "as many U.S. marshals as possible" and threatening to kill a federal judge got 20 years tacked on to his sentence Monday by a Florida federal judge who said he was troubled by the level of detail in the threats and the recurring nature of the man's actions.

  • August 19, 2024

    DC Council Member Charged With Bribery

    Federal prosecutors are accusing a Washington, D.C., councilmember of accepting more than $150,000 in bribes and kickbacks in exchange for pressuring government employees to extend city contracts, according to a complaint unsealed Monday in D.C. federal court.

  • August 19, 2024

    Ex-McElroy Execs' Theft, Bias Cases Paused Amid Ch. 11

    A New Jersey state court has sided with McElroy Deutsch and stayed all litigation between the law firm and two former executives, including both the firm's fraud claims and discrimination counterclaims made against it, while a related bankruptcy case plays out.

  • August 19, 2024

    Atty Faces Contempt Bid In Fla. Forex Trading Firm Case

    The court-appointed receiver of an investment company at the center of a U.S. Commodity Futures Trading Commission lawsuit over the firm's $75 million foreign currency trading fraud has asked for the company's now-imprisoned CEO's appeals attorney to be held in contempt of court for allegedly failing to comply with a subpoena.

  • August 19, 2024

    Santos Admits Fraud: 'Betrayed The Trust Of My Constituents'

    Former U.S. Rep. George Santos pled guilty in New York federal court Monday to juicing his election fundraising reports with fake donations to qualify for Republican Party support, charges that carry a minimum of two years in prison.

  • August 19, 2024

    A&O Shearman Hires Ex-Morgan Stanley Exec In New York

    A former executive director at Morgan Stanley has returned to private practice at Allen Overy Shearman Sterling in New York.

  • August 19, 2024

    Trump's Immunity Appeal May Delay Sentencing, DA Says

    Prosecutors will not oppose Donald Trump's request to delay sentencing in his New York hush money case, currently set for next month, while he seeks to dismiss his conviction in light of the U.S. Supreme Court's presidential immunity ruling, agreeing that an immediate appeal may upend the proceedings anyway.

  • August 17, 2024

    George Santos To Plead Guilty Before Campaign Fraud Trial

    Former U.S. Rep. George Santos has agreed to plead guilty to multiple criminal charges just weeks before his scheduled campaign finance fraud trial in New York federal court, Law360 learned Saturday.

  • August 16, 2024

    NJ Agency Nixes City's 3rd Police Firing For Cannabis Use

    Another New Jersey police officer who was fired for off-duty marijuana use must be reinstated, a state commission has ordered, finding it doesn't matter that the officer failed to disclose reliance on cannabis for medical purposes before a screening or that the usage at issue was technically recreational.

  • August 16, 2024

    Deutsche, Ex-Trader End 2nd Libor Malicious Prosecution Suit

    Deutsche Bank and a former U.K. derivatives trader who accused the bank of scapegoating him to U.S. authorities investigating interest rate-rigging have resolved his $30 million malicious prosecution lawsuit in New York state court.

  • August 16, 2024

    Feds To Appeal Platinum Win Over Zero Loss, Count Toss

    Federal prosecutors have notified the Second Circuit that they'll appeal a judge's findings that the loss amount in the case of Platinum Partners co-founder Mark Nordlicht was zero and the wire fraud conspiracy counts against Nordlicht and another would be dismissed, despite Nordlicht's conviction.

  • August 16, 2024

    Feds Drop Extortion Case Against Convicted Ex-Labor Leader

    Federal prosecutors want to dismiss their extortion case against former International Brotherhood of Electrical Workers Local 98 business manager John Dougherty, who was convicted of bribery and embezzlement and sentenced to six years in prison, but whose trial on charges related to allegedly threatening a contractor ended with a hung jury.

  • August 16, 2024

    Drexel Accounting Prof Convicted Of Evading Tax On $3.3M

    New Jersey federal jurors have convicted a Drexel University accounting professor on charges of tax evasion and filing false tax returns after the government accused him of failing to report $3.3 million in income from a Trenton pharmacy.

Expert Analysis

  • Opinion

    States Should Loosen Law Firm Ownership Restrictions

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    Despite growing buzz, normalized nonlawyer ownership of law firms is a distant prospect, so the legal community should focus first on liberalizing state restrictions on attorney and firm purchases of practices, which would bolster succession planning and improve access to justice, says Michael Di Gennaro at The Law Practice Exchange.

  • FBI Raid Signals Growing Criminal Enforcement Of Algorithms

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    The U.S. Department of Justice Antitrust Division's increased willingness to pursue the use of algorithmic pricing as a potential criminal violation means that companies need to understand the software solutions they employ and stay abreast of antitrust best practices when contracting with providers, say attorneys at Rule Garza.

  • How Attorneys Can Reduce Bad Behavior At Deposition

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    To minimize unprofessional behavior by opposing counsel and witnesses, and take charge of the room at deposition, attorneys should lay out some key ground rules at the outset — and be sure to model good behavior themselves, says John Farrell at Fish & Richardson.

  • Best Text Practices In Light Of Terraform's $4.5B Fraud Deal

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    Text messages were extremely important in a recent civil trial against Terraform Labs, leading to a $4.5 billion settlement, so litigants in securities fraud cases need to have robust mobile data policies that address the content and retention of messages, and the obligations of employees to allow for collection, say Josh Sohn and Alicia Clausen at Crowell & Moring.

  • Tricky Venue Issues Persist In Fortenberry Prosecution Redo

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    Former Rep. Jeff Fortenberry was recently indicted for a second time after the Ninth Circuit tossed his previous conviction for improper venue, but the case, now pending in the District of Columbia, continues to illustrate the complexities of proper venue in "false statement scheme" prosecutions, says Kevin Coleman at Covington.

  • Series

    Solving Puzzles Makes Me A Better Lawyer

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    Tackling daily puzzles — like Wordle, KenKen and Connections — has bolstered my intellectual property litigation practice by helping me to exercise different mental skills, acknowledge minor but important details, and build and reinforce good habits, says Roy Wepner at Kaplan Breyer.

  • Texas Ethics Opinion Flags Hazards Of Unauthorized Practice

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    The Texas Professional Ethics Committee's recently issued proposed opinion finding that in-house counsel providing legal services to the company's clients constitutes the unauthorized practice of law is a valuable clarification given that a UPL violation — a misdemeanor in most states — carries high stakes, say Hilary Gerzhoy and Julienne Pasichow at HWG.

  • 6 Lessons From DOJ's 1st Controlled Drug Case In Telehealth

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    Following the U.S. Department of Justice’s first-ever criminal prosecution over telehealth-prescribed controlled substances in U.S. v. Ruthia He, healthcare providers should be mindful of the risks associated with restricting the physician-patient relationship when crafting new business models, says Jonathan Porter at Husch Blackwell.

  • In Memoriam: The Modern Administrative State

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    On June 28, the modern administrative state, where courts deferred to agency interpretations of ambiguous statutes, died when the U.S. Supreme Court overruled its previous decision in Chevron v. Natural Resources Defense Council — but it is survived by many cases decided under the Chevron framework, say Joseph Schaeffer and Jessica Deyoe at Babst Calland.

  • Opinion

    Justices' Malicious-Prosecution Ruling Shows Rare Restraint

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    The U.S. Supreme Court’s recent decision in Chiaverini v. City of Napoleon, Ohio, declining to limit malicious-prosecution suits, is a model of judicial modesty and incrementalism, in sharp contrast to the court’s dramatic swings on other rights, says Steven Schwinn at the University of Illinois Chicago Law School.

  • Opinion

    Trump Immunity Ruling Upends Our Constitutional Scheme

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    The U.S. Supreme Court’s Trump v. U.S. decision elevates the president to imperial status and paves the way for nearly absolute presidential immunity from potential criminal prosecutions — with no constitutional textual support, says Paul Berman at the George Washington University Law School.

  • High Court Paves Middle Ground For Proceedings Obstruction

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    The U.S. Supreme Court's ruling in Fischer sensibly leaves the door open for prosecutors to make more nuanced assessments as to whether defendants' actions directly or tangentially impair the availability or integrity of anything used in an official proceeding, without criminalizing acts such as peaceful demonstrations, say attorneys at Perry Law.

  • How To Clean Up Your Generative AI-Produced Legal Drafts

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    As law firms increasingly rely on generative artificial intelligence tools to produce legal text, attorneys should be on guard for the overuse of cohesive devices in initial drafts, and consider a few editing pointers to clean up AI’s repetitive and choppy outputs, says Ivy Grey at WordRake.

  • Supreme Court's ALJ Ruling Carries Implications Beyond SEC

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    In its recent Jarkesy opinion, the U.S. Supreme Court limited the types of cases that can be tried before the U.S. Securities and Exchange Commission's in-house administrative law judges, setting the stage for challenges to the constitutionality of ALJs across other agencies, say Robert Robertson and Kimberley Church at Dechert.

  • Opinion

    A Tale Of 2 Trump Cases: The Rule Of Law Is A Live Issue

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    The U.S. Supreme Court’s decision this week in Trump v. U.S., holding that former President Donald Trump has broad immunity from prosecution, undercuts the rule of law, while the former president’s New York hush money conviction vindicates it in eight key ways, says David Postel at Henein Hutchison.

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